Hillary promises to raise taxes

September 5, 2007

What? Did she really do that you ask. Well, no she didn’t come right out and say that she planned to raise taxes if elected. But she made it clear that is the likely scenario in her pronouncement on social security:

Democrat Hillary Rodham Clinton promised retirees that if elected president she will not cut Social Security benefits, raise the retirement age or privatize the taxpayer-funded system . . . She said instead she will protect the program through fiscal responsibility and criticized President Bush’s leadership on the issue.

Fiscal responsibility? Nine times out of ten that means raising taxes. If you have millions of dollars of spending on programs that you have campaigned on AND you have taken social security cost saving measures off the table the budgetary pressures of DC are going to lead to increased taxes.

Oh sure, she might talk about targeted tax breaks for the middle class, and about making the tax system more equitable, but this will mean higher taxes for a lot of people. You will find that the Democrats have a pretty expansive notion of who the rich are these days. Small business owners, two income families, and others that don’t think of themselves as rich are going to be hit with higher taxes if Hillary gets elected.

This is just another example of how she talks about change and leadership but what she really means is a dogged determination to fight for old fashioned big government liberalism.

UPDATE:
In case it wasn’t clear, J.T. Young over at the American Spectator spells it all out:

The demographics and economics that have hounded it and transformed it now threaten to sink it because Social Security is not what it seems. In contrast to the economy, which has not only survived but thrived in spite of numerous temporary downturns, Social Security cannot survive itself. It cannot because it is essentially a pyramid scheme. A pyramid scheme appears to generate revenue by taking in ever more participants and their contributions. The early contributors at the pyramid’s apex do quite well, but as the pyramid’s base grows, it is unable to continue attracting enough new participants to deliver on its promises.

Read the whole article to see just how wrong Hillary is on this issue.

2 Responses to “Hillary promises to raise taxes”


  1. [...] out admitted that they would need to raise taxes if you take cost saving measures off the table. Having already pandered to the elderly and taken any cost cutting measures off the table now Hillary wants to pretend that she won’t [...]


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